BP shareholders are urging the board of the British oil giant to press ahead
and pay a $10.5 billion (£7.1 billion) dividend to investors despite intense
pressure from American politicians to drop the payment.

One leading BP shareholder told The Times today: “They should pay the
dividend; they can afford it and cover the costs of cleaning up the oil
spill. Not paying it would be bowing to political pressure and would have
nothing to do with the health of the company.”

BP has come under mounting pressure from vocal political opponents in the US
not to pay its dividend

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The Times’s World Business Editor Carl Mortished, discusses the Britishness of BP.